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I don't know much about the ammo industry, but I think I understand what is going on.
As in most manufacturing scaling up is expensive and long range. It can take several years from inception to increased plant capabilities. Before the producers take on such a product. These questions need to be addressed.

Will it be profitable to expand their capabilities and how long will it take to pay off such an expansion?

Can their vendors keep up with an increase demand? It won't do much good to increase ammo production if the materials and chemical sources will not be available.

How long will the current market sustain this rate. It seems to me either we ride out this political climate and there will be lots of people with more ammo than they need or even want (people won't hoard once the political climate stabilizes) or it will become harder to buy guns and ammo and will become more difficult to sell. It doesn't make sense to make long range plans based on temporary conditions.

We went through this 4 years ago, and slowly it eased. I suspect that 4 years from now that things will change.